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Silver Mar '19 (SIH19)

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Silver Futures Market News and Commentary

Dollar Erases Early Gains as US Consumer Sentiment Sinks

The dollar index (DXY00) on Friday gave up an early advance and finished little changed.  The dollar was pressured on Friday after the University of Michigan’s May US consumer sentiment index was revised downward to a record low.  Also, Friday’s rally in stocks curbed liquidity demand for the dollar. The dollar found early support on Friday from hawkish comments from Fed Governor Christopher Waller, who said he supports a Fed rate increase if inflation doesn’t soon slow.

The University of Michigan’s May US consumer sentiment index was revised lower to a record low of 44.8 (data from 1978), weaker than expectations of no change at 48.2.

The University of Michigan’s US May 1-year inflation expectations rate was revised upward to a 9-month high of +4.8% from +4.5%, stronger than the +4.6% expected.  Also, May 5-10 year inflation expectations rate was revised upward to a 7-month high of +3.9%, stronger than expectations of no change at +3.4%.

Fed Governor Christopher W... Read more

Dollar bills in an organized pile by TheDigitalArtist via Pixabay
Dollar Erases Early Gains as US Consumer Sentiment Sinks

The dollar index (DXY00 ) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s...

US dollar background by Iluhanos via iStock
Dollar Gains and Gold Falls on Hawkish Waller

The dollar index (DXY00 ) today is up +0.15%, just below Thursday's 6-week high. The dollar is supported by hawkish comments from Fed Governor Christopher...

Silver dollar floating by Matthew Heinrichs via Pixabay
Gold & Silver Slide while Copper RIPS Higher! Silver Option Strategy | Will Support Hold? Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 665)

Pulling money out of wallet by Izf via iStock
Dollar Supported by Middle East Uncertainty

The dollar index (DXY00 ) rallied to a 6-week high on Thursday and finished up by +0.13%. Doubts over a US-Iran peace deal that would reopen the Strait...

Pile of money with hands by Sergey Nazarov via iStock
Dollar Gains as Crude Rallies and Stocks Fall

The dollar index (DXY00 ) rallied to a 6-week high today and is up by +0.31%. Doubts over a US-Iran peace deal that would reopen the Strait of Hormuz...

Silver dollar floating by Matthew Heinrichs via Pixabay
Gold & Silver Drop On Breaking Headlines | The Key Levels to Watch | Metals Minute Phil Streible

Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 664)

Keysight Technologies Stock Outlook: Is Wall Street Bullish or Bearish?

Keysight Technologies has notably outperformed the broader market over the past 52 weeks, and Wall Street analysts maintain a highly optimistic outlook...

Are Wall Street Analysts Predicting EMCOR Group Stock Will Climb or Sink?

As EMCOR Group has notably outperformed the broader market over the past 52 weeks, Wall Street analysts maintain a moderately optimistic outlook about...

Vistra Stock: Analyst Estimates & Ratings

While Vistra stock has underperformed the broader market over the past year, analysts remain highly bullish about its prospects.

Do Wall Street Analysts Like Vulcan Materials Company Stock?

Vulcan Materials stock has underperformed the broader market over the past year, while analysts are cautiously bullish about its prospects.

Is Wall Street Bullish or Bearish on Domino's Pizza Stock?

Domino's Pizza has considerably underperformed the broader market over the past 52 weeks, yet Wall Street analysts maintain a moderately optimistic outlook...

Berkshire Hathaway Buys Macy’s After 60 Years Away From Department Stores. M Stock Offers Real Estate, Dividends, and an Interesting Twist.

Berkshire Hathaway’s unexpected return to the department store sector with a new stake in Macy’s suggests it may see overlooked value in the retailer....

Federal Realty Investment Trust Stock Outlook: Is Wall Street Bullish or Bearish?

Federal Realty Investment Trust stock has performed in line with the broader market over the past year, while analysts remain moderately bullish about...

Do Wall Street Analysts Like Intuit Stock?

Intuit stock has largely underperformed the broader market over the past year, yet analysts remain highly bullish about its prospects.

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